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the world and back here at home, hi, everybody, we're so glad you're with us, i'm jenna lee. jon: and i'm jon scott. "happening now," capitol hill gridlock just days before a default deadline. right now there is no bipartisan teal on the table and no vote today on house speaker john boehner's plan to raise the debt ceiling. august 2nd is just six short days away, and that leaves the very real prospect of default or a credit downgrade. can washington make a deal? wendall goler, our senior thousands foreign affairs correspondent be live on the north lawn for us now. >> reporter: more tough news today from the congressional budget office which says both of the leading plans from republicans and democrats to cut the deficit and raise the debt ceiling fall short of what their authors claim. senate majority leader harry reid's plan would actually cut half a trillion less from the deficit than he says it would, house speaker john boehner's plan falls about $350 billion short. boehner has canceled plans for a vote on his proposal today and gone back to the drawing board, and since he has promis
morning. hi, everybody, i'm jenna lee. jon: and i'm jon scott. dramatic new developments in that debt standoff in washington, and we are all over them. president obama speaking just moments ago urging republicans and democrats to reach some kind of compromise. he's warning the u.s. will lose its top credit rating if it falls into an unprecedented default. jenna: and it could lose that rating anyway. that's something we've been hearing a lot this week, that despite some of the decisions made in d.c., we could still see a downgrade. now, the political standoff as we know it is escalating this hour. a senior gop official, a house aide, i should say, telling fox news that house republicans will pass their debt plan today. we thought that yesterday. we'll see if it happens today. a bill that senate democrats say is dead on arrival, though, as they move ahead with their own debt limit bill setting up a showdown vote really for this weekend. ahead of that host of your world, neil cavuto, is live on capitol hill with his observations about what's happening down there in d.c., neil. first of a
talk couldn't get the votes. they pulled it shortly before midnight. jon karl is watching it all from capitol hill. the speaker says he'll try again today. >> reporter: he will, but, george, this debt ceiling crisis has become a political crisis for republicans. boehner will convene all 240 house republicans this morning to make one final push for it. but the reason he pulled the bill last night is he just couldn't get enough republicans to pass his own bill. republican leaders worked late into the night trying to get the votes to pass their own debt ceiling bill. reporters swarmed around utah republican jason chafitz. he told us he's still not sure. >> i'm surprised they are not twisting and ripping arms off. >> reporter: the speaker said he can't do his job if you respect there to support him. >> i am fully supportive of the speaker. i just can't support his bill but i do support the speaker. >> reporter: but for speaker of the house john boehner, the political stakes could not be higher. >> his leadership of the republicans in the house and being speaker is clearly at stake here if
was trying to pick up some votes. jon huntsman was literally running to the white house. in atlanta, participants and a peach tree race were trying to survive 10 kilometers. nothing like the annual nathan's hot dog eating contest on coney island. in dallas, american warriors got a hearty welcome home. in afghanistan, a group of american soldiers took the stake to reenlist. david petraeus is about to become the next cia director and was there to say goodbye and thank you. >> under out that can never thank you enough. >> -- america can never say thank you and not. -- enough. >> nasa says it will be flying its air pollution research flight again tomorrow. the large plane carries nine scientific instruments that measure air quality. if you see that low-flying aircraft, there is no cause for concern. it will take place over the baltimore-washington corridor. >> there is much more ahead. >> a big welcome home for heroes returning home from war. we will take you to their arrival. >> md. special olympians are having a great day. >> there are some scattered storms out to our west. we will se
karl is in washington and has more on all this. good morning, jon. >> reporter: good morning, robin. there is no presidential candidate with more momentum right now than michele bachmann. ♪ my home in -- >> reporter: no republican presidential candidate has taken a harder line on the debt ceiling showdown than michele bachmann. >> we were all shocked and appalled that president obama dangled out in front of the cameras that senior citizens may not get their checks. that's a very dangerous statement to make. we don't believe -- excuse me. excuse me. we don't believe that for a moment. >> reporter: tough talk from bachmann is nothing new but she now speaks with new-found authority as a top tier contender for the republican presidential nomination. a new national poll puts bachmann firmly in second place as the leading challenger to front-runner mitt romney. and in key first caucus state iowa, three separate polls over the past week put bachmann in first place. >> republican primary voters are looking for somebody who has -- brings some excitement, who brings something different to t
and roasted garlic seafood bake or sn crab and crab butter shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. you have arrived. sweet belt. e-reader for textbooks. gps. video camera for lectures. game pad. have you considered this ? it's got all tha and more than 200,000 apps. technology to learn and play on-the-go. only at verizon. android powered. playstation certified. the xperia play by sony ericsson. only $99.99. we're just concerned about the price. we're starting a family. it's a ally good deal. [ car alarm ] show me the carfax. show me the carfax. but it's a really good deal. [ car alarm ] show us the carfax. yeah. before you buy a used car, get a carfax vehicle history report. see accidents and service reported to carfax... and a price based on the car's history free at thousands of reputable dealers. just say, show me the carfax >> good morning, everyone. you made it to the middle of the week. it's wednesday, july 27th. thank you for sharing your time. g.o.p. goes back to the drawing board. house speaker john b
? dr. jon lapook reports. and it's a place where wounded warriors learn to hope again. david martin on the closing of walter reed. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> schieffer: exwfg. scott's off tonight. i'm bob schieffer. the fallout from washington's inability to find a solution to the budget crisis and raise the debt limit has, apparently, begun. on wall street, the stock market was down for the third day
's emmy nominations. best drama was among the show's 19 nominations overall, the most of any series. jon hamm and elizabeth moss also earned individual nominations. >> may i present my honored guests. >> reporter: competition includes a pair of hbo series. "game of thrones" and "board walk empire." also in the hunt, the showtime series, "dexter," "the good wife" and "friday night lights" starring kyle chandler and connie britain, also up for honors "modern family" led the pack among comedies, including best comedy. also in the chase for that award are the "big bang cheetheory" "" "the office" "30 rock" and "parks and recreation". steve car rel has yet to win an award. among his competitors, matt le blank in his comedy "episodes." marc barger, nbc news. >>> the buzz is building for something that rock and roll hasn't seen in a long time. the super group. >> yeah, the group, this band is called super heavy. mick jagger, dave stewart, josh stone, ar raman who won oscars. the first cast of characters that formed the band, rock, regular reggae, pop and soul. a tour is due out this september.
, quickly. politico is reporting this, the campaign manager for jon huntsman is leaving her post, quitting. politico reporting the former utah governor is retooling his campaign. staff changes have to do with entering a more aggressive phase. they could do that. >> more aggressive. >> it's easy. it's not the best. the idea of running for president and the reality of doing it heads that way. the campaigns shuffle. >> i think if you sell that, governor, you could sell that as could i. i think jon huntsman may want to speak above a whisper. that may help. >> there's overcorrecting. >> well, with perry out there looming large you better claim your ground now. >> is perry getting in? >> he will. >> first moves. >> come on. >> he bounces around. >> yes. >> he's still a bad imitation of will ferrell imitating george w. bush. >> it's true. i sit there watching this guy go on. i'm like is this an "snl" -- i keep waiting for "snl" to go across the bottom. seriously. >> you guys are terrible. >> no. no. >> come on. >> i know we hear he's doing great and more jobs and taxes than on the planet in $8 bi
votes. >> happy 4th. >> reporter: republican jon huntsman was literally running for the white house. in atlanta, participants in the peach tree road race trying to survive 10 kilometers, an endurance contest, but nothing like the hot dog eating contest on coney island. american warriors got a hearty welcome home. in afghanistan, a group of american soldiers took this day to reenlist. america's 235th birthday. a day to stand up and be proud, even if you're sitting down. brian mooar, nbc news, washington. >>> if you plan to celebrate the 4th here in d.c., here's the lineup for tonight. the capital 4th concert will begin at 8:00. the fireworks kick off around 9:15. we'll have a live report on that. that's coming up in our next half hour. the smithsonian metro station and most roads around the mall will be closed. so you might want to give yourself plenty of time to get there. you can also go to nbc washington.com for more details. >>> a day at the beach came to an early and abrupt halt at sandy point state park in maryland today. authorities say a young boy draund drowned after disapp
pawlenty, and jon huntsman all reported about $4 million raised. michele bachmann has not revealed the amount of her contributions so far. and newt gingrich has had a rough second quarter, ending it in the red. the former house speaker is at least a million dollars in debt as he tries to recover from a large chunk of his staff quitting back in june. >>> jury selection for roger clemens' perjury trial enters its second day today. the former cy young award winner is accused of lying about his use of performance enhancing drugs. his former trainer told authorities he personally injected clemens with steroids and human growth hormone. there are some big names on the potential witness list, including former sluggers blairry bonds and mark mcgwire and joe torre, and brian cashman. >>> this morning the founder of pakistan's nuclear weapons program says north korea paid millions of dollars to senior pakistani military officials in exchange for nuclear technology. "the washington post" reports the kickbacks occurred in 1998, and it published a letter describing that secret deal. if it's tru
with anticipation. i'm jon haber of alto music. my business is all about getting music into people's hands. and the plum card from american express open helps me do that. you name it, i can buy it. and the savings that we get from the early pay discount has given us money to reinvest back into our business and help quadruple our floor space. how can the plum card's trade terms get your business booming? booming is putting more music in more people's hands. >>> president obama talked about being the adult in the room. where's his plan to cut spending and raise the debt limit? listen, we're in the first quarter here. we're fighting for jobs. we're fighting for the country's future. and we're fighting for the american people. >> all right. so we're seeing now you heard the house speaker there boehner say, look, we're in the fourth quarter. this it takes time to move this thing through congress to meet the debt ceiling deadline of august 2nd. we have 11 days before that happens. off got big demands from mayors, from business experts warning lawmakers that defaulting on our debt could have a bi
on the outcome. abc's jon karl joins us with the latest. what about it? how close are we finally to a deal? >> reporter: getting close to a deal. the outlines of this deal include up to $3 trillion in spending cuts over the next ten years including some cuts to popular entitlement programs like medicare and social security, also, elizabeth, it would include a promise or a commitment that congress would bring more money in through tax revenues by reforming the code, closing some of those loopholes, something that congress would act on. >> that last one, isn't that basically a tax increase in disguise? >> well, certainly some will call it that. the rates won't go up. congress would have to act over the next year. if they didn't ago, automatic steps would be taken that both sides wouldn't like which would be tax hikes and spending cuts possibly talking about repealing part of the health care bill. >> even if president obama and speaker boehner reach a deal they have their own rank and file to make happy. i was struck by a comment by barbara mikulski. we heard reports of a trillion dollar cut
are requiring from the senate. jon kyle and kate bailey hutch chin son. six are retiring at the end of the term and 17 running for rerehrebgs in the senate. 23 seats held by democrats will be up for grabs in 2012. larry sabado is director for the center of politics at university of virginia. always good to talk to you. thank you for being here. i was struck by a poll from abc news and "the washington post" who said that 70% of people who help ask said they would like to fire their elected official in washington. that is a huge number. >> it is a huge number. and you wonder whether at some point we might actually have a fourth wave election in a row. what is a wave election? it's where lots of incumbents get tossed out, all though the eupl kupl pwapbts can be heavily concentrated in one party. remember we had a wave election in 2006 that was democratic. another wave election tilted to the democrats. 2010 a big wave election for the republicans. could we really be having a fourth wave election? it's too soon to say and the presidential nomination will be very important. rick: if there is one of t
and morality are essential to the good of massachusetts. this last until 1833. i think jon and i are arguing the flipside of, arguing the opposite side of the coin but i don't think we are in disagreement at all. >> we have time for one more question. in the back in the red sweater. >> i'm curious to your answer, we have members of the supreme court today that feel they should rule their decisions on what the people were thinking at the time of the constitution being written. now, where'd you come down on something like that? [applause] >> you give me a pointer to the supreme court, i'd be happy to set them straight. [laughter] look, the question of original intent is one that historians by and large reject. i'm also a lawyer so i don't rejected quite as quickly as historians do. what the supreme court has said again and again, this is interesting, important and interesting, the one provision of the constitution that should be bounded by its history is the first amendment. you see that over and over again in the supreme court cases. so even the members of the court to reject the notion of or
and crab butter shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. >> 44 minutes after the top of the hour. couple of quick headlines for you this morning. mammograms may have little impact on falling cancer death rates. a study suggests that better medicine and treatment actually save more lives. rather than the screening. and one of oprah's prodiges giving her the royal snub. jenny mccarthy was set to create a series for the oprah winfrey network but she was reportedly unhappy with the direction the producers were going. adding insult to injury, she apparently took her ideas to another channel. steve? >> it's always something. meanwhile, listen to this, al-qaida is on the brink of collapse! you heard that in the news? well, that's exactly what "the washington post" is reporting this week citing anonymous government officials as their sources. even defense secretary leon panetta is on board. listen to this. >> we're within reach of strategically defeating al-qaida. >> we were at the point as a result of the ope
this weekend. former utah governor jon huntsman barn stormed in new hampshire, which hosts the nation's first primary. minnesota representative michele bachmann was out in full force in iowa, six weeks ahead of the state's straw poll. she is running neck and neck with presumed front runner mitt romney, according to a recent state poll, and this weekend she tried to build on that momentum. lesser known candidate businessman herman cain, also tried to shore up support in the hawk why state, stumping at a godfather pizza, the company he used to run. the seoul african-american gop candidate recently released this video touting his tea party credentials. >> i was in a tea party before it was cool. >> reporter: in ohio over the weekend, cain said he's gaining traction. >> if you average out all of the polls that i'm in third place behind mitt romney and michele bachmann, and they have twice the name id, i think i have the ball because as my name iid spreads, i have nowhere to go but up. >> even former president bill clinton is weighing in saying he likes jon huntsman. he believes he's authentic. he
report on the choices that consumers are making in the wireless phone market. >> jon huntsman was that the republican party rally on saturday. he talked about his priorities if elected. that includes addressing the national debt and government spending and launching an industrial revolution to create jobs. this a little less than 40 minutes. [applause] >> my grandfather was an educator. he used to teach his three sons that if you want to succeed in life and achieve anything worth achieving, you become not a teacher but an educator. that was the term he used. he was the principle of a high school -- principal of a high school in california. he said if you cannot do that, if you could have a fallback and go back into business. my father went into business. he did not cut it as an educator. he did ok. i got the same lecture from my father growing up. if you want to make anything of your life, you have to go into business. that is where you can make things come create value, and change the world. not everybody is cut out for business. you have to have a fallback position in life i
on a diet. i'm going to add calories to my excluded food intake." unquote. that was jon stewart. he hit the nail on the head. for sure it's easy to make fun but what the president is trying to do with tax expenditures is no laughing matter. liberals talk about tax expenditures as though they were just getting rid of wasteful spending. first, as a legal matter, tax expenditures are not spending. outlays are checks cut from the treasury department are defined as spending under the congressional budget act. that's what spending is. yet, most tax expenditures only lose revenue and do not include an outlay portion. tax expenditures that only lose revenue contain no spending as defined by the congressional budget act and is scored by the official scorekeepers for congress. the joint committee on taxation and the congressional budget office. and second, as a policy matter twhe comes to tax -- when it comes to tax expenditures, one person's loophole is another person's opportunity to save for college and retirement, finance a home and ties to your -- taoeugts -- tithes to your church. reducing
Search Results 0 to 26 of about 27 (some duplicates have been removed)

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